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Barclays Capital’s “Buy” Rating Reaffirmed at Bank of America Corp. (BCS)

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Barclays Capital logoBarclays Capital (NYSE: BCS)‘s stock had its “buy” rating restated by analysts at Bank of America Corp. in a research report issued to clients and investors on Monday, AnalystRatingsNetwork.com reports.

A number of other firms have also recently commented on BCS. Analysts at Numis Securities Ltd downgraded shares of Barclays Capital from a “neutral” rating to a “reduce” rating in a research note to investors on Friday. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Barclays Capital in a research note to investors on Thursday, July 11th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays Capital in a research note to investors on Thursday, July 11th.

Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $160.00.

Barclays Capital (NYSE: BCS) traded down 0.32% on Monday, hitting $18.66. Barclays Capital has a 1-year low of $9.23 and a 1-year high of $20.60. The stock’s 50-day moving average is currently $18.37. The company’s market cap is $57.080 billion.

Barclays PLC (NYSE: BCS) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.


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